February 2014 Real Earnings — 2014-03-18

Real average hourly earnings for all employees rose 0.3 percent from January to February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This increase stems from a 0.4 percent increase in average hourly earnings being partially offset by a 0.1 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U). Real average weekly earnings were unchanged over the month due to the 0.3 percent increase in real average hourly earnings being offset by a 0.3 percent decrease in the average workweek. Real average hourly earnings rose 1.1 percent, seasonally adjusted, from February 2013 to February 2014. The increase in real average hourly earnings, combined with a 0.9 percent decline in the average workweek, resulted in a 0.2 percent increase in real average weekly earnings over this period. Real average hourly earnings for production and nonsupervisory employees rose 0.3 percent from January to February, seasonally adjusted.